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20121129
20121129
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CNNW 5
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English 27
Search Results 0 to 26 of about 27 (some duplicates have been removed)
CNBC
Nov 29, 2012 9:00am EST
on november comps. gap, macy's, target, all disappointing. is it all due to sandy and what does it mean for the holidays. >> tiffany is not a statement on lucksy, but rather company specific. >> quite near meets with the president today. . >> and we have another upgrade for research in motion. this time at goldman-sachs saying the blackberry 10 will not only beat expectations but also put the company in the black by fiscal '14. >> target, macy's and kohl's reporting unexpected declines. number of retailers blaming sandy for the lackluster results, david and jim. they say the second half of the month wasn't so bad, but still a lot of white knuckles as somebody said about the holidays. >> i think that one of the untold stories may still be exactly how bad sandy was. sandy is going to turn out to be a $100 billion storm. but i think it's a shutdown. it was the shutdown of a major part of the infrastructure of the nation. i'm going to go with the retailers who blame sandy. i'm going to take them at face value. >> so macy's they say record setting volume when it comes to thanksgiving, but th
FOX Business
Nov 29, 2012 1:00pm EST
a look at cold and macy's. both have come under some pressure. noting hurricane sandy, macy's same-store sales fell, also mentioned sandy as well. kohl's down 10%. lori: thank you, nicole. an upward revision appeared tonight, but our next guest expects growth to decline for the fourth quarter. deutsche bank security nominee with his outlook for next year, and if we get to it, some expectations on continued stimulus which we heard this week as well. this was the second print out of three on third-quarter gross domestic product. looks like a nice upward provision. about 2%, but if you look under the hood there are some serious problems and i will let you start there. >> a little bit of fine print. consumer spending was revised lower, business investment in equipment and software. for the upward revision was due to a lot more inventory being accumulated last quarter, partly due to a faster pace of economic activity. not the strengthening in the number we would like to see. lori: does it suggest go to the softening consumer picture, people are not buying stuff simply put question marks
FOX News
Nov 29, 2012 1:00pm PST
billion forgiveness in debt after mubarak takes over. you can so what we have gotten. not much. when sandy socked sandy. a direct christmas hit. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ ♪ [ male announcer ] while you're getting ready for the holidays, we're getting ready for you. tis the season. for food, for family, and now, something extra -- for you. >>neil: the october super storm causing november sales if retail to dive. how much? >>guest: retailers lost multiple key shopping days as stores were closed or saw little business after the super storm as residents tried to recover. target, we know the chain was the largest discount retailer has many stores along the east coast and they saw sales follow 1 percent missing a 2.1 percent expected rise. macy's sales fell 1 percent during the month, the first sale drop for the department store chain in three years. a rise in sales was expected there. and in all of this despite the company saying they had the largest volume than
CBS
Nov 28, 2012 5:30pm PST
of the country except those affected by hurricane sandy. moving on now to syria's civil war. at least 34 people were killed today when two car bombs ripped through a suburb of damascus. syria's assad dictatorship has been trying to crush a rebellion that broke out more than a year and a half ago. it is very rare for western journalists to report from inside the capital, but elizabeth palmer is there for us tonight. >> reporter: today's bombing spilled the blood of neighbors and friends. jaramana is a tight-knit community of christians and jews. religious minority groups in syria who are traditional supporters of president bashar al-assad. after the huge explosion, local people immediately pitched in to repair the damage to shops and homes. and to comfort the families of the victims. this mother's 21-year-old son, a medical student, went to investigate when the first bomb blew up and was killed minutes later by the second. outside local businessman walid blped carry the wounded to safety. what is this on your jacket? >> it's blood. it's blood of all the people. >> reporter: but he can't or won't
PBS
Nov 28, 2012 4:30pm PST
spiking because of hurricane sandy. that's welcome relief to many drivers, but it still costs more to fill up your tank now compared to a year ago. erika miller reports from one of the most expensive cities to fill 'er up. >> reporter: here in new york city, the long lines and gas rationing are finally gone, but there's more good news. like the rest of the nation, gas is actually cheaper now than before superstorm sandy. a month ago, superstorm sandy shut down refineries in the northeast, delayed oil shipments and left many gasoline stations without power. in some hard hit areas, prices spiked more than ten cents a gallon. but now, the situation has drastically improved here and around the country. regular unleaded costs an average of $3.42 nationwide. that's 12 cents below where it was a month ago. but drivers are still paying about 12 cents more for gas today than a year ago. a big reason is escalating middle east tensions. >> anytime you have that kind of conflict in the middle east, whether it's the israelis or the egyptians, the syrians, it really the disruption of flow, you know. any
CNBC
Nov 29, 2012 12:00pm EST
that to hurricane sandy? >> i think hurricane sandy had an impact in the first week, ten days in the northeast. when you speak to kohl's they were weak across the country. you could say it's part of the election results. i think there are just issues that are there. i think it was just disappointing. fw again, it's a long holiday season. the hope is, and hope and prayer is you're going to have a better december. i think some of them will. what you want to look at, even though the department stores were all negative today, a lot of the apparel retailers were positive. 5%, 10%. that's a positive sign. >> quick comment on tiffany. huge miss. stock's a mess. is this company specific or is it luxury that we need to watch out for? >> i think it's, "a," it's company specific. i think it's luxury you want to watch. if any consumer is watching this fiscal cliff, it's really the luxury customers. it's not the american eagle customers. the american eagle customers think fiscal cliff is really a rock climbing event. >> steve, good to have you on the show as always. >> thanks a lot. >> murph, what do you do with
CNBC
Nov 29, 2012 1:00pm EST
chief, speaking this morning. >> some important comments. hurricane sandy was directly in his district so he made some comments about it. he said that the damage was worse than first anticipated. that's something we've been talking a lot about. original number was $50 billion. it's in the $70 billion to $90 billion range. it is probably going to shave a quarter to half a point off gdp. you talked about the fiscal cliff which he says congress and the president must address. he says because we're at the zero balance, interest rates were zero, the effect of the fiscal cliff is getting much worse than if the fed were not at zero. >> because they could do something. >> the only positive thing which dudley did not talk about but it is something that's on the radar is that, as the fiscal cliff fears rise, interest rates fall on the 10-year. so the effect the fed would have from easing is already in -- already happening as a market reaction. >> steve, thank you. >>> when jeff kilburg is not fired up about the irish he is fired up about what mr. dudley said today. why? >> absolutely. he came ou
FOX News
Nov 29, 2012 8:00am PST
. across the northeast residents want to protect thems following superstorm sandy. >> since the election you have had the perfect storm. you had hurricane sandy. you had re-election of barack obama. you have people realizing not only is it their second amendment right but they may be in a situation where they need a firearm to protect themselves. they're coming to the realization. it is just caused up tick and a spike. last friday on black friday it was through the roof. >> reporter: according to gallup 43% of women surveyed last year report owning a gun which is a new high. the nra is reporting that over the last four or five years there has been exponential increase in women participating in safety programs and licensing programs and hunting programs. women feel safer knowing how to use guns. i can tell you some of the gun shop manufacturers are starting to market more toward women. you see the pink series what i'm wearing here and the long rifles and some are for breast cancer awareness. jon, back to you. jon: anna koiman live at a gun range in new jersey. interesting. anna, thank you
FOX News
Nov 29, 2012 10:00am PST
, residents wanting to protect themselves following superstorm sandy. >> since the election you've had the perfect storm. you've had hurricane sandy, you've had the re-election of barack obama, and you have people realizing that not only is it their second amendment right, but they may be in a situation where they need a firearm to protect themselves. and they're coming to that realization, and it's just caused an uptick and a spike, and last friday, you know, on black friday it was through the roof. >> reporter: according to gallup, 43% of women surveyed last year reported owning a gun which is a new high. the nra reports that over the last four o or five years there's been an exponential increase in women participating in safety classes, licensing programs and women-only hunting programs. some women feel safer just knowing how to use guns. >> i felt like if we were going to have guns in the home, that i should know how the handle them, know if it's loaded, you know? i mean, there's going to be guns in the house, i can't have something that i'm afraid of and don't know what to -- you
CNN
Nov 28, 2012 4:00pm PST
is trying to have the ban lifted soon. >>> and in new jersey, superstorm sandy caused nearly $37 billion in damage, of that 7.4 billion reflects the cost of future disasters according to governor chris christie who says 4,300 homes were damaged. >>> a boat has washed up on the coast of japan. this is a truly bizarre incident. but a local police chief tells us that the small wooden boat had feint characters on the side that they think are korean. >>> the rebels from the republic of the congo will withdraw as a condition to -- hillary clinton weighed in on the conflict today calling on all african leaders to stand in support of the rebels. >>> it has been 482 days since the u.s. lost it's favored credit rating. they say the economy's actually expanding, but they're still really worried about, you know, the fiscal cliff. >>> and now our fourth story "outfront" for the second day in a row, susan rice met with republican senators, some of whom obviously have harshly criticized her for ther handlin of the attack in benghazi. the moderate susan collins spoke to us. >> i continue to be troubled
MSNBC
Nov 28, 2012 7:00pm PST
of hurricane sandy. people don't want just knee jerk no government. they want a government that really does work. >> and a "washington post" poll showing 60% of americans support what is now in fact the tom cole barack obama position. raising incomes on over $250,000 in income. when you look at these polls the republicans are reading, when you look at the totality the way this is coming in, the point "the wall street journal" editorial board and tom cole was trying to drive in today, the rates are going up. now, what are our options? and he's saying our best omptio is actually what the president has laid out. >> that's right and so, john boehner has asked himself, how do we get to that place and i think you were right earlier, that he's allowing cole to go out there and everyone knows cole is a good friend. everyone knows if they come to some type of deal, it's going to require some republicans and a ton of democrats, but it's going to require a significant number of of republicans. not four or five. it may be as many as 50 to 100 because the democrats are going to insist we're not going to
MSNBC
Nov 29, 2012 6:00am PST
jobless claims which have some sandy issues involved or the fiscal cliff talks? >> definitely the fiscal cliff. what you were talking about yesterday, boehner's comments really turned things around for the markets, all this sense of optimism all of a sudden. we saw the markets go from down triple digits for the dow up to triple digits. we haven't seen a swing like that since over a year ago. it's been october of 2011 was the last time it happened. it's definitely the fiscal cliff driving things. we heard commentary from lloyd blankfein, between that and the lead story -- one of the top stories on the front page of the "wall street journal" suggesting the president is flexible on the tax hikes, that sounds like a deal might get done. you see a gain of 50 or 60 points. gdp up 2.7% from 2%. there was concerning things when you dig into the numbers, it's all fiscal cliff all the time here, chuck. >> oh, hopefully, as you guys say, it will all -- people will rise above, right, becky? >> that's right. >> i know. i see the button. up next, we're taking a deep dive into the u.s. relationship wit
MSNBC
Nov 29, 2012 11:00am PST
christie, together on superstorm sandy. that's what they want more of. i think members of congress -- >> there's no chris christie in washington. michael, there's no chris christie that's circling around washington, d.c., right now that actually needs something from the president. christie needed stuff from the president and fema and wanted it directly to get to his people. of course they're going to play nice. >> i would like to think, though, the president was elected with a mandate. i can't say that. he doesn't control the house. he didn't have the house before. he doesn't have the house now. so compromise has got to be the word of the day. i think that that's what the constituents of these members most want. >> all right. zachary, senator durbin says he could see $400 billion in entitlement cuts. democratic aides telling politico most of it is going to come from medicare in part by raising the retirement age. a move that more than two-thirds of americans oppose. that's according to the latest "washington post" poll. this is something that democrats are going to have a hard time
CSPAN
Nov 28, 2012 8:00pm EST
the need for infrastructure in the northeast -- we are still reeling from the affects of sandy. the pleas of governors like malloy, cuomo, and christie, all are calling for us to focus on infrastructure. it is not only needed in a devastated northeast but clearly across this nation. one only has to read about the situation of roads and bridges to understand the importance of infrastructure and investment. clearly, people need to go back to work. that is something positive that we all agree on that can be done and should be done. but as we noticed today, there are no votes on the united states congress and the house of representatives today. we also agree, and emphasize this again, as did gene sperling -- everyone, and we mean everyone, should get $250,000 in tax breaks. everyone -- and so that means that even billionaires get that first $250,000. and everyone is in agreement -- the republicans do not want to see the middle class go without this tax cut. so where we disagree, let us push that off. where we agree, let's embrace. further, we discussed again the long term effects of our defic
PBS
Nov 29, 2012 3:00pm PST
and the reach out and read program lost thousands of books after hurricane sandy last month. >> brown: finally tonight, the college football season is reaching a climax of rivalries and conference championship games and its basketball season is now underway. but much of the action in college sports these days is away from the field or the court, as schools change affiliations and leagues. in the last 18 months some 30 colleges have made moves. among the most prominent, the university of louisville's departure from the big east to join the atlantic coast conference or a.c.c. and two eastern schools headed to the big ten, traditionally a midwest-based conference: the university of maryland is leaving the a.c.c. and rutgers is departing from the big east. what's going on? sportswriter and author john feinstein joins me now. john, first of all, for the uninitiated, explain the role of these conferences traditionally. how do they work and how do they divide up the college world? >> well, jeff, conferences were designed initially to take schools that were together geographically and allow them to co
CNN
Nov 29, 2012 2:00am PST
that made it through superstorm sandy. 30,000 lights later t is serving as a powerful symbol. >>> time for your early reads, your local news making national headlines. the "new york times" reporting on a city cop who is now an internet hero. that is officer lawrence petrino leaning down to put a new pair of boots on a homeless man. the officer purchased them at a nearby shoe store after he realized the homeless man was barefoot and blistered. a passerby took the photo and mailed it to the new york police department who posted it on its facebook. the officer says he keeps the receipt for the boots in his vest to remind himself that sometimes other people have it worse than he does. >> i would like to meet that man. incredible. >>> in michigan there is no place for sexy at school. that's the reason why high school principal joe lynn clark gives for taking on teens in tights. earlier this month she sent a message to teens and their parents saying leggings are not pants and could violate dress codes. she also asked girls to think what about your message is and what message your clothes are
FOX Business
Nov 29, 2012 11:00am EST
additions that you contain right now to prepare. dennis: blamed superstorm sandy. retailers playing the blame game for week november same store sales. analysts already asking what it really the storm or the economy did pull those numbers down? cheryl: we are watching a power ball conference this hour with more details expected on the two winners of the $580 million record jackpot from missouri and arizona. of gone home to buy my ticket. dennis: stocks every 15 minutes, nicole petallides, for the stock exchange where stocks the suddenly lower on more cliffphobia. nicole: i can say in the wall street traders saying every headline out of washington moving this market, fiscal cliff phobia is a good way to say it, whatever you want to call it we have seen so many dramatic moves in the market, a particular companies making moves in preparation or all been wary about the fiscal cliff, let's see where we are, talking about a dollar jumping, positive for the weekend all up arrows and a great day on wall street after yesterday when tim geithner was sounded more optimistic and we continued tha
MSNBC
Nov 29, 2012 3:00am PST
about 60 points. jobless claims were back under 400,000. but we still don't know the impact of sandy. let's face it, you guys have been talking about it all day. it seems that john boehner smiles and people buy a million shares of ibm right now. yesterday we were down about 100 points before boehner came out and spoke. i know on "morning joe" you talked about maybe he's a little less optimistic. mabel the phone conversation with obama was a little more terse. we went from being down 100 to up 100. we haven't had that kind of swing in over a year. we are laser focused on d.c. and those negotiations as usual. >> brian brings up 2.7 number, steve rattner. i guess you look at the numbers and you compare them to where we were at points in the '80s, the '90s, even 2004, 2005. it may not look good. compare that number to the rest of the world, suddenly the u.s. economy is looking pretty damn good by comparison to other countries. >> it actually feels like the economy is gathering steam. these kind of revisions help you feel that way. sandy is an aberration in the unemployment numbers as bri
CNN
Nov 29, 2012 4:00am PST
before but i'm not reading anything into those numbers right now because of hurricane sandi and how that has disruptured the filings. >> gdp numbers strong. is the trend we're seeing overall here, christine? >> we're seeing a little more durability in the economic recovery at this point. congress, don't mess it up. >> good luck with that. christine romans, thank you so much. >>> it has been more than three weeks since the election. with partisan gridlock potentially holding up everything from the resolution to a fiscal cliff to appointing a new secretary of state, it looks like washington is settling right back into its old ways. >> two republicans in congress with no reason to tow the party line with us this morning. they have the same last name. joining us from the capital, husband and wife team, outgoing california congresswoman, mary bono mack. and conniemack. this obama/romney lunch date. you could see yourself in similar situations. if you were to be having lunch with senator nelson or congressman-elect ruiz, what would you want them to say to you? >> well, i would like senato
CSPAN
Nov 29, 2012 7:00am EST
for a second week in a row. this after hurricane co sandy drove applications higher in the month. reports that the u.s. economy has been growing at a faster rate than had been estimated earlier. 2.7% annual rate from july through september. economists believe growth is slowing to a rate below 2% because of disruptions in the superstar and worries about tax increases and spending cuts -- disruptions from the super storm and worries about tax increases and spending cuts. speaker boehner once the president to move of his position on rates. the president will not move. the president keeps saying he has laid what republicans call his $1.60 trillion revenue plan on the table. if the speaker boehner has the alternative, he should say it rather than talking about non- specific revenues entitlement cuts. an update on hostess. the company will ask a bankruptcy judge for permission to give its top executives bonuses totaling up to $1.8 million today. the company says the incentive pay is needed to repay 19 managers during the liquidation process. and they could earn more, depending on how well the c
Search Results 0 to 26 of about 27 (some duplicates have been removed)